Abstract Since the Great Financial Crisis, the share of deposits—both insured and uninsured—
in bank liabilities has increased substantially. In this paper, we document this fact for the …

This paper examines the effect of CoCo bonds that qualify as additional tier 1 capital on
bank stability and reporting. The results reveal a significant reduction in the distance to …

In The Resilient Society, Brunnermeier (2023) considers lessons from the COVID-19
experience and other large shocks which could not have been anticipated, let alone …

Using an international sample covering more than 50 countries over 20 years, we provide
novel evidence that national culture has a significant impact on macroprudential …

The sudden banking defaults in spring 2023 proved current prudential norms insufficient to
prevent bank distress. Capital and liquidity norms will need to be adjusted (Admati et al …

Kryzys sektora finansowego w latach 2008–2012 ujawnił słabości neoliberalnego podejścia
do rynków finansowych, które przejawiało się ograniczaniem możliwości interwencji …

When will a policy authority (PA) resolve a bank whose solvency is uncertain? Delaying
resolution gives the PA time to obtain information about the bank's solvency. Delaying …

This paper examines the effect of CoCo bonds that qualify as additional tier 1 capital on
bank fundamentals. The results reveal a significant reduction in the distance to insolvency …

In a world of unpredictable shocks impossible to calibrate, bank stability cannot be assured
by buffers. Resilience requires concrete tools to stem a gradual loss of confidence once its …

This paper examines the effect of CoCo bonds that qualify as additional tier 1 capital on
bank fundamentals. The results reveal a significant reduction in the distance to insolvency …